BCHUSD H6: 90% gains BEST LEVEL TO BUY(SL/TP)(NEW)Why get subbed to me on Tradingview?
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BCHUSD H6: 90% gains BEST LEVEL TO BUY(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as LONG because this is a BULLISH setup.
However, READ ENTIRE idea before BUYING.
we buy from 465 USD not at market.
🔸 Summary and potential trade setup
::: BCHUSD 16hours/candle chart review
::: updated/revised outlook
::: still great setup for 90% gains
::: selling not done yet however
::: ETHUSD hit a wall at 2 000 USD
::: so expecting WEAKNESS
::: next 1-3 weeks
::: accumulation in progress
::: BULLS get ready to BUY LOW
::: from my level TP +90% gains
::: this is BUY/HOLD setup
::: patient traders only
::: not for gamblers
::: SPECULATIVE SETUP
::: do your own due dill
::: and use proper risk management
::: TP bulls is +90% gains
::: details: see chart
::: FINAL TP +90% gains 866 USD
::: recommended strategy: BUY/HOLD
::: SWING TRADE: BUY/HOLD IT
::: bull run not over yet
::: good luck traders!
::: BUY/HOLD and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BULLS
::: Sentiment short-term: BULLS
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
BCHUSD
BCH/USDT - SHORT BREAK SIDEWAY CHANNELI expect that the Bitcoin Cash price will blossom in order to breach the support of the surface channel with the decline of Bitcoin and the market in general.
I expect the momentum to be negative in the coming hours or days.
The exit point was calculated by the width of the channel in which you were walking.
Manage your risk and don't forget to :
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BITCOINCASH , who hates money ?probably one of the safest coins to enter , situation is very good for bitcoin cash , price is cheap as it didnt move fine in this bull run ,price holding very strong weekly support also broke and retested bearish weekly trendline , if you hate something it means it bothers you ! so you can invest and make money lol , the sleeping giant may wake up soon
Bitcoin Cash (BCH) - February 22Hello?
Dear traders, nice to meet you.
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We need to see if we can get support at 668.36839961 and climb above 706.21424190.
If you fall at 600.59767260, you need a short stop loss.
If supported at 741.41976359, it is expected to rise towards 811.83081120.
On the wRSI_SR indicator, we have to see if the RS line can rise more than 20.
At this point, you need to see where you are getting support.
On the CCI-RC indicator, we need to see if the CCI line can touch the EMA line and rise.
If the CCI line and EMA line cross, it is expected that volatility will occur, so careful trading is necessary.
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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Hence, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula from the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits or losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closed price
G2: Market price at the time of opening
(Example) Gap (G1-G2)
BCH - Ready For $900?Hi, I updated you last week about the support level $600-630. Yesterday we saw the support level $630 was tested again and it was strong. We are now stuck in a range between $700-720 (the red rectangle) for 6 days. We have to close one daily candle above $720 and once we get above it, we are ready for the resistance $880-900. We need one more push. Be patient and don’t panic 🙌🏼
Bitcoin Cash: The next big moveFrom the chart you can see that after the consolidation the price heads north in a hurry. I expect the price to drop to pick up more buy orders before heading north with so much momentum. The demand levels are good potential reversal points. As the pattern develops i will keep this idea updated, so like, comment, follow so you don't miss any update. Thank you.
BCH BreakoutI had a plan to long $BCH when it broke $500 but I was overexposed in other trades and did not take it. Original plan was to take half profit at $750, which is where we are now, and the other half, god willing, at $1,300ish.
My other positions have had targets hit ($ALGO) or stops hit ($SNX, $OMG) so capital is freed up. I am planning on entering on a dip or break and retest of $750.
If you look at my ideas you will notice a pattern. Drop, long accumulation, breakout, retest, off to the races (hypothetically.) If I wold have been monitoring $BCH at the time I probably would have entered when it broke out of that multimonth range around $365. I just wasn't watching $BCH closely at the time.
BCH/USD - Ranging before breakout - $850 next❔BCH has been consolidating in this range for some time now and I expect us to get a reaction in price once we reach the triangle apex in blue.
The indicators on 4h give some signs BCH wants to pump higher, but this is still timid and we need to see how this descending triangle resolves to have confirmation.
On daily the indicators do not look as good since we are overextended with MACD and RSI curving down - this is not too bad yet as we did not cross on the negative side on MACD, so there is still a good chance we can pump higher.
I am cautiously bullish for now, but we have to wait, there is no clear entry on BCH at this time. I'd consider a long if we break above this triangle.
Targets and levels on the chart.
Like and follow if you liked this idea. Also join my crypto community to stay in touch!
BCH/USD : Daily vision for long-term Traders COINBASE:BCHUSD
Hello everyone 😃
BCH had a breakout from critical resistance and now;
Current candle is holding above resistance !
Also on weekly chart :
Current candle is showing buy pressure on BCH !
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
BCHUSD ROAD MAP - all aboard!!!This is a potential trade on the 4 hour time frame with great risk to reward. the price action is expected to follow the channel and eventually break it on its way to the $1700. We've already have our correction away from the channel so we should be a little more at easy with this ride
BCHUSD ROAD MAPit looks like BCHUSD is set to get back to it's all time high but there will be some stops along the way. After several months of consolidation it looks like another one of the sleeping giants is ready to take off. you should definitely be keeping an eye on this. For medium term look to take profit at $1700 level. this is a great support résistance level to watch. Ideally you would want to get out before then but lets see how this plays out.